Property Location: 3463 Larimer St., Denver “Phil’s Place restaurant”
Property Description: 1,850-sf restaurant, YOC 1925
Land Size: 3,125 sf
Sales Price: $1.4M, or $756.76 psf
Reception No.: 2018131248
Closing Date: 10-9
Grantor: Gary Garcia & June Garcia
Grantee: 3463 Larimer LLC (Rob Naiman, mgr.), 303-534-5929
Comments: This property was listed by Zall & Co. This was known as Phil’s Place. This was a sale-leaseback with an interim use. This price reflects a land value of $448 psf.
Comp of the Day is provided by John V. Winslow, president of Winslow Property Consultants. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.